Palisades Park vs Paterson
| Palisades Park | Paterson | |
|---|---|---|
| Population | 20,231 | 157,864 |
| Median Household Income | $94,743 | $55,997 |
| Median Home Value | $719,600 | $360,100 |
| Median Gross Rent | $2,009/mo | $1,548/mo |
| Homeownership Rate | 35.5% | 26.9% |
| Unemployment Rate | 5.6% | 10.7% |
| Bachelor's Degree or Higher | 51.0% | 11.8% |
| Median Age | 42.9 | 33.3 |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.